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Home My WebLink About1812 -i a7Vp~a3 p • • ~ niis iNOEn~ruRe. M~ e~_..2nd wr of~__December--------=---------~_-- o. ~9_66.. ~n~, ; ---.IRIS R. _ SMITH..a~4~..MARIE SMITH~ his wife - _ - - - ~ ~ . of.. ___.~t. . Lucie c«,~,n?. Florids. heminafter designsted u the "MORTG/~:AR" and FIRST FE~ER/1L S/1VINGS /1N0 ~OMI ASSOCIATION OF INOIAN RIVER COUNTY. • co~po?ation or~anizod and existin~ under tM lavvt of ths Uoited Shtas of M+eria ~nd having its principal ptaoe of business in the Gty of Vew Bexh. Indwn River Camty. ftorida. hereinahe~ desienated as the "MORTGI~GEE,• HE EAS GOR is j~ut the MORTGAGEE in the sum of _~ree_.~lOUSAI1Cl1,_~1rCC~_~ Hun~rec~ an~~~~ ~s--`'~--a J Dollar goad and Iswful monay of ths United States advanoed by thn MORTGAGEE unro the MORTGAGOR. as avidsr+ced by a certain promissory note of even date herewith, of which the io~lowin~ in vwrdt and figures is ~ tnis oopy, to-wit: 9'799 ; ~ 3, 300, 00_ 1 Vero Beac1L Florida. ~~ember _ 2,..-- 19 b6 _ _ For value reteivcd 1 0~ w~e jointly or sevenlly p:omise to pay to FIRST FEDERAL Sl1VINGS MID IOMI ASSO~I/1TION QF INDIMI 2 RIVER COUNTY. the wm af s 3_a_3~:-~ • at its offica in Vero Beach. Flaida, wlth tnterost at ths nte of.____~~--- i - ~ pe~ oent per arx+um. In the followin~ ma~ner: s S~• ~ upon the first of each and every month hereafter until the full principal wm, with interest. has been paid: said ~ monthly payments shall ba applied first to Me payme~t of interest on the unpaid balance, and then to the paymer?t of p?irxipal. ' This note is negotiabk and if default in paymenYoccurs. may be placed in the hands of an attomay at law for collection. in which 4 event 1 or we agroe to psy the ~roats of collection. including s reasonabk attomey's fee. and each of us. wfietF~er make~. guara~tor or endorser. ~ hereby severally waivrs de~nand, notice of non-payment and protest of this note. ~ ..1_ s~iris_ R.__ Smith - - -------~p ~/s~Marie_Smith _ _~«,p In the event any psyment is not made prior to the 20th day of the month when due. Mien this note shall bear interost st the rate of 8.4~ from the date any wch payment became due and Nuougfiout tfie periad of wch delinquency. State stampa paid and wncelled o0 original of this note in the amarnt of S4._45-_._____-__--, NOW. THEREFORE, the MORTGAGOR for the purpose of securing the payment of ihe said sum of s~_s~QQ:.~___ and ths pe?fortnance of the covenants and agreements hereinafter exp~ed. and for dive~s good and valuabk cauideratiora. by these presents. does grant, ba?gain. sell. remise. rekase, convey and confirm a~ro the MORTGAGEE its wccesso~s and assiRns. all that cenain lot. peoe or p~aroel of ~ ~ _ and State of Florida, dacribed as folbws: ~ land, situate~ lying and being in the Camy of -------~t-=- Lucie------------- ~ S Lot 3, and the North 25 feet of Lot 4, Block 2, according to Plat of M. K. Moore's Subdivision, which said plat was filed August 25, 1913, and recorded in Plat Book 3, page 11, public records of St. Lucie County, Florida. ~ 60 REC~JYEO i IN P~?YA~*1ZOFTA~ / ~ DUE ON G1A55'C' tNTANWBLE ?ERSOM4l YROiERTY. ~!l ~ ~ t ~ ~ ~ : ~ L `v . i.~ PURSUAk: 'U :HRPt~42072~. ~cT«=F ~aa~. DQCI'+ti1tNTA~='~STaMP T~i~~-- p~,,;~,, , ~1-?k C~e~aa~ Gur~ L ~J ~ Z ~'r, :ti't`~a~ { os Agent fcr •:li ~1~ !A. JA~'fS 1; _ J o _ OEC-9'6S ~~;;-_`L~>~ b~. w~. Y Tox Call ~ ~ - ~ 4~ 5~ ~Q V CON.~iRGltEn _ ~~.29~134 ~~c.'~= DFPUTY CLERK I'~ together with atl and singular the tenements. hereditamenfs and appurtenances thereunto belonging or in snywise apperiaining thereto. and i all rents. iswes. proceeds and profits aocruing and to aocrue from said premises, all of which are included in the sbave and foregoleg de- scription and habend~xn. TO HAVE MID_TO HOLD the above destribed and gnnted premises unto the said MORTGAGEE, its suctessors and assiB~s forever. And the said MORTGAGOR for__~e~r heirs, executors. administrators and assigns. F~ereby oovenants with the said MORTGAGEE, its wcces- sors and assigns. that_~ ~e3Lare_~_______lawfu~ly siezed of rF~e said premises in fee simple; that the same are free. clear a~d ds- cF,arged from all liens and er~tumbrances in law or in equity, and that _-_----~eY_---- will and _~e~ - heirs shall warrant and defend the title to the same b the said MORTGAGEE, its suocessors and assigns, forever against the lawful tlaims and derrwnds of all persa~s; PROVIDED. ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pramissory note ihereinbefore described. and shall truly. promptly and fully perform, discharge. execute. oon~plete. comply with and abide by each and every the sNpulatwns. agre~ts. corxiitior?s and oo~erwnts of said promissory note and of this Mortgage, then this Mortgage and the Es~ate hereby ueated shall cease and be ~ null and voirl- ~ IT IS U~~DERSTOOD that the word "Mortgagor" whether in tF~e singular or plural anywhe~e in this Mortgage, shall be singular if one ~ only and shall be plural jantly and severally if more than one, and that the word 'Their' as used anywhere in this Mortgage shatl be tak~ ~ to mean "his," "her," or "its,' wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and _ agreements herein oontained to any of the parties hereto, the same shall be w~strued to mean as w~ell as the heirs, legal representatives, wc- cessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure to the respettive heirs. {egal representatives. successors and assigns of the parties hereto. Md said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby janNy arsd severally covenant and agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the various and wndry sums of money payable by virtue cf said promissory note. and this mortgage, each and every promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessrr~ents, levies, liabilities. obligations and inturribrances of every nature and kind rww on said destribed property. or that hereafier may be imposed, wffered. Plar.ed. leveed, or assessed thereon or that hereafter may be leveed or assessed upon this Mortgage. or the indebtedness secured hereby, each and every. when due and payable according to law, before they be- ~ c~me definquent, and before any interest attaches or any penalty is inarred; and insofar as any thereof is of record the same shall be promptly ~ satisfied and discharged ef record and tF~e original offitial doctisment (wch as, for instance, the tax receipt or the satisfaction paper officially - endorsed or certifit~ shall be placed in the Fwnds of said MORTGAGEE within ten days next after payment; and in the event that aM thereof s not paid, satisfied and discharged, said MORTGAGEE may at a~y time pay the same or arry pa?t thereof without waiving or affecting amr ~ eption, lien. eGuity, or right under or by virtue of this Mortgage, and the full amount of each and every wci~ payment shall be immediateFy ~ due and payable and sF?all bear interest from the date thereof until pa id at the rate of six and ]Gi~tenths per centurn per annum and togett~e• with wch interest shall be secured by the tier+ of this rtwrtgage. I11116 3. To place and continuously keep on the buildings now or hereafter situated on said land and on all equipment and personalty tov- ered by this mortgage, with all premiums thereon paid in full, fire inwrance in the usual standard policy form, in a wm approv~ed by the MORTGAGEE, and tornado insurance in the uwai standard policy form,in a sum apprwed by the MORTGAGEE, "sn wch oornpany or torr~panies . as the MORTG/1GEE may dirett; and all fire and tornado irtwrance policies on any of said buildings, any interest therein or part thereof, in the aggregate wm afores3id or in excess thereof. shall contain the uwal standard mortgagee clause or wch other clause as t9z Mortgagee may _ require, making the foss unde? said policies, each and every, payable to said MORTGAGEE as its interest may appear, and eath and every ; ~ ;uch poliq shall be promptly assigned and delivered to and held by said MORTGAGEE as furtFwr security to said mortgage debt, arvl, nof ? less than ten t10) dayi in advance of the expirotio~ of each policy, to deliver to said MORTGAi,EE a renewal thereof, together with a receipt ` for the premium of such renewal; and there shall be ra firc or tornado inwrance placed on any of said buildings, any interest therein or ~ part thereof. unless in The form a,~d with the loss payable as aforesaid; and in the event arry wm of money beoomes payable under such FFIRC-251--1M-5-64-M 600K161 PA~ ~Q - ~ : ' - r ~ - ° _ : ~ . < _ . - - ~